StocksMedium•21 October 2026•
1 min read
Parke Bancorp Net Income Rises 14.5% in Q3 2026 Results
Key Facts
1Parke Bancorp reported net income of $12.2 million for Q3 2026, a 14.5% increase compared to the previous year.
2Company revenue increased by 6.1% to reach $39.6 million during the third quarter of 2026.
3Net Interest Margin (NIM) improved to 4.15% year-to-date compared to 3.49% for the same period in 2025.
Parke Bancorp reported net income of $12.2 million for the third quarter of 2026, a 14.5% increase compared to the previous year. PR Newswire reported that company revenue grew by 6.1% to reach $39.6 million during the quarter ended September 30, 2026. The net interest margin (NIM) improved significantly to 4.15% year-to-date, up from 3.49% in the corresponding period of 2025.
PKBK closed at $32.82 on October 20, 2026, prior to the release of these financial results which showed total assets increasing to $2.33 billion. The bank's credit portfolio demonstrated improved asset quality, with nonperforming loans decreasing to $5.8 million, representing 0.28% of total loans as of September 30, 2026.